Kenya Pipeline Company is considering bonds and other borrowings to finance its investment projects in Kenya, its managing director Pius Mwendwa said in an interview published on Thursday 15 October by Business Daily.
The oil products transporter is also considering distributing bonus shares by capitalising part of its retained earnings. This option would preserve liquidity for planned investments over the next three to four years, according to its chief executive. It would not bring new funds into the company.
These options remain under consideration. They relate in particular to bonds for infrastructure, project financing and commercial loans. No amount or issuance timetable was announced in the interview.
The group held 20.54 billion Kenyan shillings in cash and cash equivalents at the close of its financial year, on 30 June 2026. Its audited consolidated results, announced on 14 October, show a net profit of 11.58 billion shillings, up 13% year on year.
The board recommends a cash dividend of 0.32 shilling per share, still subject to approval. Shareholders on the register at the close of 30 November would be eligible for the payment.
For the financial year 2025-2026, revenue reached 42.98 billion shillings, compared with 39.50 billion a year earlier. The company attributes this increase to a 7% rise in volumes destined for Kenya and transit markets.
Kenya Pipeline plans, in particular, to develop a storage and services platform for regional oil trade at Kipevu, near Mombasa, according to the presentation of its results reported by Citizen Digital.